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Mahindra Finance reports 75% growth in disbursement during November
Dec-05-2022

Mahindra & Mahindra Financial Services (Mahindra Finance) has reported disbursement of approximately Rs 4,500 crore delivering a 75% Y-o-Y growth in November 2022, on the backdrop of positive macro environment. The YTD disbursement at approximately Rs 31,050 crore registered a Y-o-Y growth of 99%.

Healthy disbursement trends have led to a strong gross asset book of approximately Rs 76,300 crore, growing around 3.4% over September 2022. This has resulted in growth of around 17.5% vs March 2022. The collection efficiency (CE) was at 96% for November 2022, against CE of 94% for November 2021.

Mahindra Finance is one of India’s leading non-banking finance companies.

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